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As of today (2024-04-19), OceanFirst Financial's share price is $15.07. OceanFirst Financial's Owner Earnings per Share (TTM) ended in Dec. 2023 was $1.44. It's Price-to-Owner-Earnings for today is 10.47.
The historical rank and industry rank for OceanFirst Financial's Price-to-Owner-Earnings or its related term are showing as below:
During the past 13 years, the highest Price-to-Owner-Earnings of OceanFirst Financial was 85.10. The lowest was 4.04. And the median was 13.96.
As of today (2024-04-19), OceanFirst Financial's share price is $15.07. OceanFirst Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.70. Therefore, OceanFirst Financial's PE Ratio for today is 8.86.
As of today (2024-04-19), OceanFirst Financial's share price is $15.07. OceanFirst Financial's EPS without NRI for the trailing twelve months (TTM) ended in was $2.07. Therefore, OceanFirst Financial's PE Ratio without NRI for today is 7.28.
During the past 13 years, OceanFirst Financial's highest PE Ratio without NRI was 22.50. The lowest was 5.12. And the median was 13.89.
The historical data trend for OceanFirst Financial's Price-to-Owner-Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, OceanFirst Financial's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Banks industry and Financial Services sector, OceanFirst Financial's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where OceanFirst Financial's Price-to-Owner-Earnings falls into.
In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
OceanFirst Financial's Price-to-Owner-Earnings for today is calculated as
Price-to-Owner-Earnings | = | Share Price | / | Owner Earnings per Share (TTM) |
= | 15.07 | / | 1.44 | |
= | 10.47 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
OceanFirst Financial (NAS:OCFC) Price-to-Owner-Earnings Explanation
For how to get Owner Earnings per Share (TTM), please click.
Thank you for viewing the detailed overview of OceanFirst Financial's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.
John F Barros | director | 975 HOOPER AVENUE, TOMS RIVER NJ 08753 |
Robert C Garrett | director | 110 WEST FRONT STREET, RED BANK NJ 07701 |
Anthony Iii Giordano | other: Chief Retail Officer, OFB | 4 KELLY LANE, LONG BRANCH NJ 07740 |
David Berninger | officer: EVP & Chief Risk Officer | 975 HOOPER AVENUE, TOMS RIVER NJ 08753 |
Dalila Wilson-scott | director | 110 WEST FRONT STREET, RED BANK NJ 07701 |
Oceanfirst Financial Corp | director | 975 HOOPER AVENUE, TOMS RIVER NJ 08723 |
Brian Schaeffer | other: EVP & CIO, OceanFirst Bank | 975 HOOPER AVENUE, TOMS RIVER NJ 08753 |
Joseph Iii Lebel | other: EVP, CBO OceanFirst Bank | 975 HOOPER AVENUE, TOMS RIVER NJ 08754 |
Jack M. Farris | director | C/O OCEANFIRST BANK, 975 HOOPER AVE., TOMS RIVER NJ 08754 |
Christopher Maher | director, officer: Chairman, President and CEO | 209 HAVEMEYER STREET, BROOKLYN NY 11211 |
Murphy Joseph M. Jr. | director | 110 WEST FRONT STREET, RED BANK NJ 07701 |
Patrick Sean Barrett | officer: Executive Vice President & CFO | C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602 |
Patrick Chong | other: SVP/Principal Accounting Off. | 110 WEST FRONT STREET, RED BANK NJ 07701 |
Michael D Devlin | director | 834 CENTRAL AVENUE, P.O. BOX 189, HAMMONTON NJ 08037 |
Nicos Katsoulis | director | C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753 |
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